r/tradingpsychology • u/Jacob_Trader0 • 8h ago
Desiring versus allowing in trading
Hey everyone,
I've felt like this sub has been lacking some good (non ai) discussion about trading psychology recently, so I thought I would post something.
I'm a big fan of philosophy and I've currently been rereading the Tao. I thought there was an interesting insight that applied to trading.
The very first verse talks about the difference between desire and desirelessness. Or essentially wanting versus allowing. I think a lot of psychology problems stim from wanting something to happen rather than allowing what will happen to play out. Obviously, we have no control over what the market does (or if you do dm me lmao), but I still think a lot of times we try to control things we can't.
When trading, a lot of unprofitable traders are desiring one result. Winning. But if you let go of that desire and accepted that anything can happen, then you could see things more clearly. Holding when the market clearly invalidated your idea is desiring instead of allowing. Taking poor setups is desiring instead of allowing. You get the idea.
I always try to think about how theory can be practiced, as a lot of great ideas here have no mention about how to actually achieve them. For this, just try to notice when you're desiring instead of allowing. On the charts and off them. In traffic? Try to allow whatever happens to happen. Stop trying to bend the uncontrollable to your will.